The biggest draw of online casinos over land-based casinos is the bonuses. You will find many more lucrative options in terms of bonuses online than on land. Land-based casinos usually have a players club where you can earn points to be redeemed for cash, prizes and complimentary rooms, shows, meals, etc. But you have to sign up and commit to visiting that casino often. It’s much easier online.
Not only is it easier to surf on over to the online casino but there are many more types of bonuses ripe for the picking. The most common types are below. Just remember to read the terms and conditions of any bonus, because there will be wagering requirements and you want to make sure the effort will be worth your while.
Match Bonus: You will see these all over online casinos. Most welcome bonuses offered upon signing up with a real money account are match bonuses. This means that the online casino will match a certain percentage of your deposit. It could be 25%, 50% or 100%. Look for one that offers a 100% match on at least your first deposit and a lesser match on your next few deposits. Most casinos offer a package of percentages like this worth up to a certain amount for the welcome bonus.
Cashable Bonus: This is regular bonus where you must meet certain wager requirements to receive it. These requirements will be in the form of bet amounts or play on certain games. After meeting the requirements, you can cash out the free bonus money. These can also be called no-deposit bonuses, where you dont need to make a deposit but must meet wagering requirements before receiving the bonus money.
Cash Back Bonus: More online casinos are offering this these days. A portion of your losses are returned as cash. It could be after a week. It could be after a day. It depends on the casino. Some offer a 20% cash back bonus each week. So, you would get 20% of your losses back at the end of each week. For example, if you lost $100 overall on the week, you would get $20 back.
Sticky Bonus: This is becoming less common. The bonus itself is not allowed to be withdrawn but any winning from playing the sticky bonus is.
Comp Points and Loyalty Rewards: These go hand in hand at online casinos. You may not get free drinks or rooms like at a land-based casinos, but you can exchange points for cash, prizes, trips, etc. You get points based on how much you wager and what the wager/point ratio is at the online casino. $1 for every 100 points is common. You can also join the rewards program at the online casino for member-only benefits like exclusive promotions, bonuses and tournaments.